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Historic Drop in Bitcoin Revenue Leaves Miners Struggling
4.8.2024
After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of Aug. 4. The recent uptick in Bitcoin’s mining difficulty, coupled with the subsequent drop in its price, has driven bitcoin mining revenue to record lows. Monthly Bitcoin...
Several 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move
4.8.2024
In July, numerous dormant bitcoin wallets, established in 2017, showed substantial activity. This trend continues into August, with 467.63 BTC spent so far, amounting to approximately $28.2 million. Millions on the Move: What’s Behind the Reawakening of 2017 Bitcoin Wallets? Last month...
Criminal at Bitcoin 2024, BTC Strategic Reserve Bill, and more: Hodler’s Digest, July 28 – Aug. 3
4.8.2024
Sen. Lummis introduces Bitcoin Strategic Reserve Bill, Bitfinex hacker shows up at Bitcoin 2024, and Trump Bitcoin sneakers: Hodler’s Digest
Morgan Stanley’s 15,000 Financial Advisors Can Start Pitching Bitcoin ETFs to Clients Next Week: Report
3.8.2024
Morgan Stanley is set to offer spot bitcoin exchange-traded funds (ETFs) to select clients through its 15,000 financial advisors starting next week. This marks a significant first for a major Wall Street bank. Advisors can pitch Blackrock’s Ishares Bitcoin Trust and Fidelity’s Wise...
US Senators Flooded With 2,200 Letters Advocating Bitcoin as Strategic Reserve
3.8.2024
U.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a strategic reserve. The bill proposes the U.S. government acquire a significant bitcoin reserve to bolster the U.S. dollar and pay down national debt, aiming to position...
BTC price slumps to $62K as Bitcoin bulls bet on M2 money supply
3.8.2024
Bitcoin offers a modest BTC price comeback after hurtling toward $60,000 in step with stocks worldwide
Bitcoin and Crypto to Gain as Falling Rates Expand Global Liquidity, Says 21shares VP
3.8.2024
The head of strategy at crypto investment firm 21shares has explained that the broad-based bitcoin selloff following the Federal Reserve’s decision to keep interest rates unchanged was partly due to increasing geopolitical tensions in the Middle East and fears of conflict escalation, leading...
Bitcoin whale volume from exchanges hits 9-year high as analysts call BTC price bottom
3.8.2024
The last time Bitcoin whales moved this many coins from exchanges was when the BTC price was around $220 in 2015
MicroStrategy stock set to gain 30% if BTC hits $150K in 2025 — Analyst
2.8.2024
The valuation assumes continued aggressive Bitcoin buying by Microstrategy
Bitcoin traders risk-off as BTC price falls to $62K — Is a generational bottom approaching?
2.8.2024
Bitcoin traders anticipate a potential price drop below $60,000. Will dip buyers show up?
Microstrategy Boosts Bitcoin Holdings to 226,500 BTC With Q2 Acquisitions
2.8.2024
Nasdaq-listed Microstrategy acquired 12,222 bitcoins in the second quarter, bringing its total holdings to 226,500 BTC. CEO Phong Le and CFO Andrew Kang expressed optimism about future bitcoin support and emphasized the company’s financial strategies. Despite net losses, Microstrategy...
Price analysis 8/2: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
2.8.2024
The sell-off in the global stock markets is casting a bearish shadow on the cryptocurrency markets, signaling near-term weakness
Bitcoin traders warn of tough Q3 as Nikkei echoes 'Black Monday' 1987
2.8.2024
Bitcoin faces traditionally challenging months while Japan sees stocks sell-off unmatched in nearly 40 years
Bitcoin traders warn of tough Q3 as Nikkei echoes 'Black Monday' 1987
2.8.2024
Bitcoin faces traditionally challenging months while Japan sees stocks sell-off unmatched in nearly 40 years
First Mover Americas: BTC Warnings Finger Drop to $55K
2.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Ditobanx and ICP Hub Mexico Launch Initiative Promoting Cryptocurrency Use at Universities
2.8.2024
Ditobanx and ICP Hub Mexico recently partnered to launch an initiative promoting the use of cryptocurrencies at Mexican universities. As part of this program, over 4,000 students received $5.42 (100 pesos) worth of Ckbtc, the so-called bitcoin twin, to use at campus cafes, restaurants, and copy...
Bitfarms monthly Bitcoin earnings up 34% amid increased hashrate
2.8.2024
Bitfarms CEO Ben Gagnon said that the company earned 62% more Bitcoin since the Bitcoin halving event in April
Bitfarms monthly Bitcoin earnings up 34% amid increased hashrate
2.8.2024
Bitfarms CEO Ben Gagnon said that the company earned 62% more Bitcoin since the Bitcoin halving event in April
Hong Kong’s Largest Online Broker Launches Retail Crypto Trading for 22 Million Users
2.8.2024
Futu Securities International, Hong Kong’s largest online broker with 21.64 million users, has launched retail cryptocurrency trading. Hong Kong residents can now trade bitcoin and ether in either Hong Kong or U.S. dollars directly through Futu’s platform. “We are actively working...
Robert Kiyosaki Urges Investors to Save Bitcoin as Smart Money, Highlighting Trump’s BTC Endorsement
2.8.2024
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to save bitcoin instead of fiat currencies, which he calls “fake money.” He criticized the historical decision to take the dollar off the gold standard and the education system for not teaching about money. Kiyosaki also noted...